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Search resuls for: "Hilton Worldwide"


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☆ Will a Peloton Bike Drive You to Pick One Hotel Over Another?
  + stars: | 2022-11-02 | by ( Dawn Gilbertson | ) www.wsj.com   time to read: 1 min
SCOTTSDALE, Ariz.—Your next hotel workout might remind you of those at-home gyms we all hastily set up during Covid lockdowns—minus the cramped quarters, mismatched weight sets and kids clamoring for attention. With business and vacation travel bouncing back, Hyatt Hotels Corp., Hilton Worldwide Holdings Inc. and other chains are betting that travelers want hotels that help them take their pandemic-inspired fitness routines on the road. More hotels are bragging about their Peloton bikes and private exercise suites to lure travelers with the hope that they might actually work out on their next trip.
☆ Hotels Pitch Peloton Bikes, Private Gyms to Lure Guests
  + stars: | 2022-11-02 | by ( Dawn Gilbertson | ) www.wsj.com   time to read: 1 min
SCOTTSDALE, Ariz.—Your next hotel workout might remind you of those at-home gyms we all hastily set up during Covid-19 lockdowns—minus the cramped quarters, mismatched weight sets and kids clamoring for attention. With business and vacation travel bouncing back, Hyatt Hotels Corp., Hilton Worldwide Holdings Inc. and other chains are betting that travelers want hotels that help them take their pandemic-inspired fitness routines on the road. More hotels are bragging about their Peloton bikes and private exercise suites to lure travelers with the hope that they might actually work out on their next trip.
☆ Stocks making the biggest moves premarket: Boeing, Hilton, Harley-Davidson and others
  + stars: | 2022-10-26 | by ( Peter Schacknow | ) www.cnbc.com   time to read: +3 min
Hilton Worldwide (HLT) – Hilton added 2% in the premarket after reporting better-than-expected quarterly earnings and raising its full-year forecast. Waste Management (WM) – Waste Management shares jumped 3% in premarket action after reporting better-than-expected quarterly earnings. Alphabet (GOOGL) – Alphabet slumped 6% in the premarket after it reported lower-than-expected quarterly profit and revenue. Mattel (MAT) – Mattel slid 5.5% in premarket trading after the toy maker cut its full-year profit forecast. Mattel reported a better-than-expected profit for its latest quarter, with revenue falling slightly shy of analyst forecasts.
☆ Morning Bid: Consumer drain as banks gain
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +5 min
Google's results in particular bode ill for Facebook parent Meta Platforms (META.O), especially reliant on advertising and reporting its results late on Wednesday. Consumer blues contrasted with bumper earnings from banks who are raking in huge windfalls from rising interest rates - direct cash injections from reserves they hold at central banks along with higher net interest margins and trading revenues flattered by volatile markets. read more read more read more read moreEuropean banks reporting this week matched Wall St counterparts on that score, raising conundrums for the European Central Bank meeting this week and Bank of England and U.S. Federal Reserve gatherings next week. They all plan further policy rate rises to rein in inflation - but this also involves direct transfers to their banks and potentially a drain on government finances. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
☆ Peloton races tough economic cycle
  + stars: | 2022-10-06 | by ( ) www.reuters.com   time to read: +2 min
TORONTO, Oct 6 (Reuters Breakingviews) - Peloton Interactive (PTON.O) is pedaling as fast as it can. The maker of connected bikes plans to cut 500 more jobs, or about 12% of its workforce, according to the Wall Street Journal. And even though McCarthy has steadily trimmed the cash burn, free cash flow was a hefty negative $412 million in the three months to June 30. Peloton, whose market value has plummeted 90% in a year, is coming precariously close to the end of a wild ride. (By Sharon Lam)Register now for FREE unlimited access to Reuters.com RegisterFollow @Breakingviews on Twitter(The author is a Reuters Breakingviews columnist.
☆ Hilton Boutique Brand to Make Debut on Broadway, as Times Square Revives
  + stars: | 2022-09-12 | by ( Kate King | Photographs Jackie Molloy For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
Hilton Worldwide Holdings Inc. has tapped a major development project in Manhattan’s Times Square to debut a boutique hotel brand, another sign the entertainment district is bouncing back after languishing for much of the pandemic. The hotel, which will be the first under the new Tempo by Hilton flag, will feature 661 rooms when it opens next year. It is part of TSX Broadway, a $2.5 billion, 550,000-square-foot tower located next to Times Square’s red bleachers and the TKTS discount-tickets booth.
☆ Business travel costs are expected to rise through 2023, industry report says
  + stars: | 2022-08-10 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
The cost of business travel, from hotels to airfare, is set to rise through 2023 as demand returns more than two years after the Covid pandemic began, according to an industry report published Wednesday. Business travel airfare is on track to rise nearly 50% this year over 2021, following two years of steep declines, according to a report from travel management company CWT and the Global Business Travel Association. Airline and hotel executives have been upbeat about a return to business travel after Covid-19 and measures to curb its spread, like travel restrictions, forced companies to put many work trips on hold. While leisure travel has roared back from 2020 pandemic lows, business travel has lagged, depriving hotels and airlines of an important source of revenue. That's despite concerns about a slowing economy, travel industry labor shortages and other headaches, as some large corporations seek ways to cut back on spending.
☆ Europe's top hotel chain is hiring workers without experience or even résumés because it's so desperate for staff
  + stars: | 2022-07-05 | by ( Grace Dean | ) www.businessinsider.com   time to read: +4 min
The CEO of Accor, Europe's top hotel chain, said he's hiring workers without experience or résumés. Sebastien Bazin said some Accor hotels were limiting restaurant hours because of staff shortages. Hospitality workers have been quitting their jobs over wages, benefits, and working conditions. It means some hotels have been forced to widen their candidate pools — with Accor, Europe's largest hotel chain, turning to workers without experience or even résumés. Some days, Accor hotels have been forced to stop serving lunch or even completely close their restaurants because they don't have enough staff, Bazin said.
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